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403k into stocks, good idea?
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Tonedeffox is
age
40
Post Body
Would it make sense to take out an old unneeded frozen retirement 403k and putting it into stocks? In the 6,000$ range.
I already have a retirement plan with another employer, along with security with what I will be inheriting.
Just got a piece of mail, had no idea I had it, 403k from an old job I wasn’t with for long. And it’s frozen. I recognize I’ll be taxed 20% of it, but yeah, would it be worth it to take it out before retirement and put a chunk into stocks now?
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Age
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- 2 years ago
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